UBS shuffles prime broking deck

David Gray moves to Hong Kong to take over from Matt Pecot, while Colin Taylor becomes head of the Australian business.

UBS is shuffling its prime broking personnel after Matt Pecot, who was in charge of the Asian business, has been relocated to New York to head the bankÆs US operation. Pecot is being replaced by David Gray who will move from Sydney to Hong Kong to take up the post.

Gray has been developing UBSÆ prime broking business in Australia since 2001, implementing a front-to-back platform and heading the bankÆs sales efforts. At the beginning of last year, he...

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